According to Grandview Research, the global industrial hemp market size was recently estimated at nearly 4.75 billion USD, and the compound annual growth rate is expected to reach 15.8% over the next seven years. Statistics like those have smart farmers diversifying their crop options to include hemp. In Canada alone, the acreage of industrial hemp production has increased nearly 25% annually. And the retail value of hemp products sold in the U.S. saw a significant increase in 2018.
Major market players are focusing on increasing crop production, improving crop yields, and full utilization of the crop. And for many farmers, that means using a fertilizer with excellent organic ingredients to potentially boost yields.
Potentially Improving Hemp Crop Yield with AgriPOWER® and AgriX SHIELD
If you’ve invested in growing hemp, you want to ensure you get the highest crop yield you can. A fertilizer with excellent ingredients and a pesticide that potentially does not diminish essential insect populations (bees) will likely foster production goals.
AgriPOWER® is an advanced foliar fertilizer that anecdotally works better than chemical fertilizers, and is potentially better for the soil. Most chemical fertilizers are applied directly to the soil, resulting in 50% or less being absorbed by your hemp plants. The remainder leaches into the soil and ends up polluting our waterways.
AgriPOWER®, on the other hand, uses a combination of 70% foliar application and 30% soil application. As a result, AgriPOWER® has a high total absorption rate. Follow the specialized application instructions for AgriPOWER® HDGF A at planting and after sprouting, and then apply AgriPOWER® HDGF B after flowering for best results.
And if you control insects and fungus with our AgriX SHIELD organic-based insecticide and fungicide in one, you may prohibit damage from aphids, mealybugs, whiteflies, crickets and more, as well as potentially combat powdery mildew and other mold mildew and fungi.
The Benefits of Hemp for Farmers
Hemp Is an Excellent Cover Crop
Hemp, as a cover crop, enhances soil health by shading out weeds—reducing the need for synthetic herbicides—and adding diversity to crop rotations, improving soil health.
Hemp Is a Low Cost Alternative
Especially when you partner with AgriPOWER, growing hemp is a low-cost and low-input crop.
Hemp Grows in Diverse Locations with Fewer Resources
Hemp will grow in any state in the US and in many Canadia territories. Also, the plant grows very densely, so farmers are able to produce more hemp per acre of farmland. Because of this dense growth, there is less space for weeds to sprout up, reducing the time and effort that farmers spend to eliminate weeds. And by using AgriPOWER foliar fertilizer and AgriX SHIELD organic-based insecticide/fungicide, you can yield an even better crop.
Hemp Uses Less Water
Compared to cotton, the hemp plant’s water usage is drastically better. It can take more than 5,000 gallons to produce only 2.2 pounds of cotton, whereas it takes less than 700 gallons to produce 2.2 pounds of hemp.
Family Farms Can Grow Hemp Instead of Tobacco
Industrial hemp gives small farmers another opportunity to succeed. Hemp farming is an excellent option for southern states whose economies are dependent upon agriculture and are moving away from tobacco farming.
In addition to the benefits of growing hemp for you, as a farmer, there are many benefits to society, including:
- Hemp is 10x stronger than cotton.
- CBD oil has many health benefits for both humans and animals.
- Hemp is suitable to be a sustainable low-cost fuel.
- Hemp-based paper is brighter, more durable, and longer lasting, which allows consumers to purchase it less often. Additionally, because hemp paper is so naturally bright, it does not require bleaching, which releases harmful toxins into the environment.
- Hemp creates jobs on the hemp farm, as well as in the community as we find more uses for it.
If you need more information on how Green Wave’s AgriPOWER fertilizer products can help you yield a better and bigger hemp crop, simply give us a call or send us an email. We’d be happy to help.
Download our Hemp Application Sheet